Bombardier appeared to backtrack on comments in the Russian press by CEO Pierre Beaudoin indicating that the country’s annexation of Crimea could threaten the Canadian company’s planned joint venture with Russian conglomerate Rostec. On Monday a Bombardier Aerospace spokesman told AIN that the Canadian company remained “fully committed” to plans for a Q400 turboprop factory in a special economic zone in the Ulyanovsk region, and that the comments by Beaudoin didn’t refer specifically to the agreement with Rostec.
During Bombardier’s 2013 financial results conference call this morning, president and CEO Pierre Beaudoin provided some insight into the delays affecting the all-composite Learjet 85 program, which had originally been slated to enter service in 2013. Last year, Bombardier revised this to projected first flight of the first flight test vehicle, FTV1, by year-end 2013, though the midsize jet still has yet to fly. Certification and entry into service were also moved to mid-2014 earlier last year, but that timeline will undoubtedly have to be once again pushed farther right into the future.
Delayed delivery of certain critical components leading to a need to “reharmonize” integration tasks has forced Bombardier to delay first flight of its new CSeries CS100 until at least the end of next June, roughly six months later than the most recent target. If all goes according to the latest plans, the smaller of the two-variant narrowbody series will consequently enter service in the middle of 2014.
The timeline for the larger of the pair–the CS300–remains unchanged, added Bombardier, meaning it still expects that airplane to enter service by the end of 2014.
Bombardier’s new CSeries CS100 will not fly until at least the end of next June, roughly six months later than the most recent target, according to the latest schedule published by the Canadian airframe maker. If all goes according to the latest plans, the smaller of the two-member narrowbody family will consequently enter service in the middle of 2014.
Deanna White was named president of Bombardier Flexjet yesterday, following the retirement of Fred Reid, who has been at the helm of the fractional provider since August 2008. The appointment was made “effective immediately,” suggesting the change was sudden. White joined Flexjet in 2005 as the finance director and most recently served as the company’s vice president of finance. “Deanna possesses a passion for driving strategic change and implementing business plans that support the organization’s long-term strategies,” said Bombardier president and CEO Pierre Beaudoin.